October 2, 2023
Kellanova, formerly known as Kellogg Co., has completed the previously announced separation of its North American cereal business, WK Kellogg Co., resulting in two independent, public companies, according to a press release.
The separation was achieved through the distribution of all of the shares of WK Kellogg Co. to holders of Kellanova common stock at 12:01 a.m. today, with Kellanova shareowners receiving one share of WK Kellogg Co. common stock for every four shares of Kellanova common stock held as of the close of business on Sept. 21, 2023.
WK Kellogg Co. begins regular trading on the New York Stock Exchange today under the ticker symbol "KLG," while Kellanova continues to trade on the NYSE under the ticker symbol "K."